AAHOA
095 | The Smartest Room with Tarun Patel
AAHOA
Tarun S. Patel is a second generation hotelier and entrepreneur specializing in Hospitality Management and Development, Deal Structure, Finance and Accounting. He’s Principal of Pacific Hospitality Company, and Founder and CFO of Pracrea Inc, a Silicon Valley based startup offering software-as-a-service solutions used by commercial real estate brokers and owners to manage the sale of their listings and properties. Their solution, TheHotelInventory.com, provides a virtual meeting place for hotel buyers and sellers that helps hotel sellers and brokers market their properties, and hotel investors find their next investment.
Tarun earned a BS, Finance and Economics from San Diego State University.
In This Episode, Tarun Reveals
- His experience serving on the Board of Directors for AAHOA and the US Travel Association.
- The importance of getting involved at the local, state and federal level to proactively affect legislation, and some of the legislative issues surrounding the hospitality industry today.
- How the new administration could impact small business owners and the state of the Lodging Industry today.
- What The Hotel Inventory is, how it’s the strongest hotel real estate listing site on the web, and how they’ve gained massive marketshare in a few short years.
Resources & Links
Tarun Patel
- tspatel@pracrea.com
- @TarunPatelSJC
- Office Direct: 408-777-6700
Pracrea, Inc.
- TheHotelInventory.com
- Pracrea on LinkedIn
- info@pracrea.com
1735 North First Street, Ste. 247
San Jose, California 95112
Mentioned in this Episode
AAHOA
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342 | Live Long and Prosper: Hospitality industry embraces senior living
Since she was a teenager volunteering at senior-living facilities in Boston, Serena Lipton knew she wanted a career in senior housing. But she had a difficult time finding the college program she believed would educate and prepare her to serve in the senior-living industry. After graduating from Boston University School of Hospitality Administration and working as an analyst for JLL’s Senior Housing Valuation Advisory, Lipton finally found what she was looking for. This fall she enrolled in BU’s Master of Management in Hospitality with a new concentration in senior living. She and other students are on the cusp of what BUSHA believes is a massive shift in how Americans view aging and where opportunities lie for the hospitality industry.
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341 | One Big Happy: Travel survey reveals how hotels can attract families
Rainer Jenss of Nyack, New York, founded the Family Travel Association seven years ago to help parents and caregivers introduce children to the world through travel, whether that’s a yearlong trip around the world that Jenss and his family took or a weekend getaway to a nearby destination. To help the travel industry gauge what parents want when they take their kids on vacation, FTA conducts an annual study. The U.S. Family Travel Survey 2021 reveals the shift in mindset the COVID-19 pandemic has created in families planning a trip over the next 12 months. Hoteliers use can use the information to generate business and boost their strategies to recover and sustain business now and other the coming months.